For approximately seven years MTS has invested in laser additive
manufacturing (LAM) technology in hopes of commercializing the process.

We made many excellent technology advances. These advances include
substantial proprietary process developments as well as the delivery of LAM based
components now flying on various US military aircraft. We have been unsuccessful
however, in achieving a sustainable business model. Additionally, continued
operations would require significant further investments.

Since the business is not strategic to MTS, and given the conditions stated
above, MTS has decided to discontinue AeroMet operations.